Property profile

112 Dukes County Ave Marthas Vineyard, MA 02557

FOR SALE
Other investment properties
Property ID
US38-1623437
1,634 SF 0.07 ac lot Built 1900
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

The property is a B1-zoned parcel in downtown Oak Bluffs, Massachusetts, located near Inkwell Beach, Oak Bluffs Harbor, the Steamship Authority and day-trip ferry services, Circuit Avenue, and Ocean Park. It is a level lot and includes an existing poured concrete foundation. Martha’s Vineyard Commission-approved plans by Sullivan & Associates Architects are in place for a 2.5-story mixed-use building in a classic Vineyard style, with ground-floor commercial space and two one-bedroom residential apartments, totaling three rentable units. The parcel is located at 112 Dukes County Avenue, Oak Bluffs, MA 02557, in Dukes County.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 1,634 SF
Lot 0.07 ac (3,200 SF)
Zoning code B1
APN OAKB M:0011 B:0209 L:000
UPID US38-1623437

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

112 Dukes County Ave Marthas Vineyard, MA 02557
Marthas Vineyard metro Census 200200 VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
$527k
Blend (final) Blend
$660k

Owner & transaction history

since 2021
Last sale
$667,000
7 recorded transactions
2021
Price N/A
2020
$667,000
2011
$1
2007
Price N/A
2005
Price N/A
2003
Price N/A
2002
Price N/A

Zoning & alternative use

B1 · Oak Bluffs, MA
Zoning description

5.1.5 Special Permit in the B -1 District. (Section added STM 12.2.03 Art 16 , AG Approved 3.26.04, Published 4.9.04) 1. Purpose. The B-1 District is the business area of Oak Bluffs. Parking generally provided on street…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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